Consider your personal investment goals when investing, not media suggestions.
General media advice can be totally misleading because they invariably disregard individual circumstances. Namely. the investor’s age and ability to take risks.
You can afford to take losses in your youth when you have time to recoup any errors that you cannot afford, when you are older or retired.
Investors must also consider risk by taking into account their knowledge of the securities markets; and other distinctive personal situations in addition to age; such as number of dependents, financial status and investing-comfort.
Therefore, much media advice and commentary is universally misused by ambitious gurus we encounter. ( See the Earl J Weinreb NewsHole® comments.)
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